Bengal Commercial Bank, RSA Advisory sign agreement

Bengal Commercial Bank has engaged RSA Advisory Limited as its advisory firm with the objective of ensuring long-term financial growth through the sustainable development of the CMSME of the bank.
In this regard, an agreement has been signed between the two organisations at the bank's Head Office in Gulshan, Dhaka on Tuesday, says a press release.
Tarik Morshed, Managing Director & CEO of Bengal Commercial Bank, and K Mahmood Sattar, Chairman of RSA Advisory Limited and former MD & CEO of City Bank and Eastern Bank, signed the agreement on behalf of their respective organizations. Selim RF Hossain, Senior Consultant of RSA Advisory Limited and former MD of BRAC Bank, was present at the event. K. M. Awlad Hossain, Additional Managing Director & CBO; Dr. Md Rafiqul Islam, DMD & CTO, and Md. Humayun Kabir, FCS, DMD & Company Secretary of the bank, also attended the ceremony along with high officials from both organisations.
Under this agreement, RSA Advisory Limited will act as a strategic partner in the bank's overall transformation with a special focus on the micro and SME sectors. As a result, more timely and inclusive banking services for CMSME entrepreneurs will be ensured while the bank's overall operational efficiency and institutional capacity are also expected to be enhanced.